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ACA Subsidies Likely To Survive Despite Circuit Split

Government subsidies on the Affordable Care Act’s federal exchanges will almost certainly survive despite conflicting rulings issued Tuesday from two circuit courts, although a messy judicial and legislative process may play out for years before the financial assistance is secure nationwide, experts say.

  • Zuckerberg To Testify Against Alleged Facebook Scammer

    The government plans to call Facebook Inc. founder Mark Zuckerberg as a witness in the November trial of Paul Ceglia, a businessman charged with filing sham litigation seeking a 50 percent stake in the company, a federal prosecutor said in New York court on Tuesday.

  • 4th Circ. Contradicts DC Circ. In ACA Subsidies Debate

    The Fourth Circuit on Tuesday determined that the federal government could subsidize insurance premiums on the federal Affordable Care Act exchange because the tax credits support the mission of the health care reform law, coming in conflict with a D.C. Circuit opinion released just hours before.

  • Google Privacy Policy Suit Trimmed Again But Still Standing

    A California federal judge on Monday threw out most of a proposed class action accusing Google Inc. of violating privacy laws by aggregating and storing users’ data across its many platforms, finding various claims still fell short of pleading standards.

  • Ex-Dewey Brass Settle Trustee's Clawback Suit

    Dewey & Leboeuf LLP’s former executive director and chief financial officer have settled the liquidating trustee’s suit demanding the return of $22 million in compensation they allegedly took while masking the firm’s precarious finances, according to court records filed Tuesday.

  • 2nd Circ. Revives $510M Travelers Asbestos Settlement Bill

    The Second Circuit on Tuesday enforced bankruptcy court agreements binding Travelers Property Casualty Corp. to pay up to $510 million to thousands of asbestos injury plaintiffs, ruling that the pacts weren’t invalidated when the insurer subsequently lost certain liability protection.